https://www.taxtmi.com/caselaws?id=297226 The Tribunal admitted the Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by Isgec Covema Limited against the Corporate Debtor for defaulting on payments arising from an arbitral award. An Interim Resolution Professional was appointed to oversee the Corporate Insolvency Resolution Process, with the Tribunal issuing specific directions including declaring a moratorium, prohibiting certain actions against the Corporate Debtor, and outlining the responsibilities of the Interim Resolution Professional. Compliance, integrity, and cooperation were emphasized for the resolution process. en-us Mon, 16 Sep 2019 00:00:00 +0530 Tue, 24 Aug 2021 08:12:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297226 The Tribunal admitted the Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by Isgec Covema Limited against the Corporate Debtor for defaulting on payments arising from an arbitral award. An Interim Resolution Professional was appointed to oversee the Corporate Insolvency Resolution Process, with the Tribunal issuing specific directions including declaring a moratorium, prohibiting certain actions against the Corporate Debtor, and outlining the responsibilities of the Interim Resolution Professional. Compliance, integrity, and cooperation were emphasized for the resolution process. Case-Laws Insolvency and Bankruptcy Mon, 16 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297226